Tex. Transportation Code § 441.115: CONTRACTOR BOND.
Where this section sits in the code
- TRANSPORTATION CODE
- TITLE 6. ROADWAYS
- SUBTITLE J. ROAD UTILITY DISTRICTS
- CHAPTER 441. ROAD UTILITY DISTRICTS
- SUBCHAPTER F. ROAD FACILITIES
A contractor shall execute a bond for the amount of the contract price. The bond must be payable to and approved by the board and conditioned on:
(1) faithful performance of the contract obligations; and
(2) payment to the district of damages resulting from any default.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Collected 2026-08-27T01:47:44Z. Source file · JSON